News & Events > Mikros ADEPT(R) Equipment Considered for Baseline in U.S. Navy Cruiser Modernization Program

Mikros ADEPT(R) Equipment Considered for Baseline in U.S. Navy Cruiser Modernization Program

Princeton, NJ /PRNewswire-FirstCall/February 8, 2008 – Mikros Systems Corporation (OTCBB: MKRS ) announced today that its ADEPT Radar Test Set equipment is a candidate for inclusion in the equipment baseline of the United States Navy AEGIS Cruiser (CG) and Destroyer (DDG) Modernization program.

The ADEPT system, developed by Mikros under the Navy’s Small Business Innovation Research program, has been extensively tested by the Navy on land and at sea, and has proven to be an invaluable tool in maintaining the most advanced shipboard radar systems. ADEPT has been designed to assure optimum radar performance, improve readiness and reduce equipment down time. Improvements to the mission effectiveness of the AEGIS fleet are particularly timely as these ships will support the Navy’s Ballistic Missile Defense (BMD) capability.

In 2007 the Navy ordered ten units of the new lightweight ADEPT model. The Navy recently obtained 2008 funding for additional systems. Up to 84 ships are eligible to be equipped with multiple ADEPT units per ship to test and align the AN/SPY-1 phased array radar.

“This product began as a tool to enhance the readiness of the SPY-1 radar, but it is developing into a much broader set of applications,” said Tom Meaney, President of Mikros.

Development work is underway to apply the ADEPT system to other shipboard systems beyond the SPY-1 radar, which could further enhance readiness. ADEPT distance support capabilities will allow remotely-located subject matter experts to perform preventive and corrective maintenance activities, potentially providing significant maintenance cost savings to the fleet.

Mikros is also currently pursuing other ADEPT market opportunities, including aircraft carriers, amphibious ships, submarines, and the allied fleets.

About Mikros

Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, combat/command, control, communications, computers and intelligence systems engineering, and communications engineering. Mikros’ primary business is to pursue and obtain contracts from the Department of Homeland Security, U.S. Navy, and other governmental authorities.

Source: Mikros Systems Corporation

CONTACT: Thomas J. Meaney 609-987-1513

Important Information about Forward-Looking Statements: All statements in this news release other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as “anticipates,” “believes,” “could,” “expects,” “intends,” “may,” “should” and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company’s actual results, events or financial positions to differ materially from those included within the forward-looking statements. Such factors include, but are not limited to, changes in business conditions, changes in our sales strategy and product development plans, changes in the marketplace, continued services of our executive management team, our limited marketing experience, competition between us and other companies seeking SBIR grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-KSB for the year ended December 31, 2007 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date hereof.